21425 N 107TH Drive, Peoria, AZ 85373, Peoria, 85373 - 5 bed, 3 bath
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Peoria, AZ 85373
This Value-Add Residential Asset is a High-Potential Investment Opportunity, with a List Price of $485,000—positioned well below the $569,216 Fair Market Value by 14%. This valuation gap provides $84,216 in Instant Equity for buyers ready to modernize the Fair Condition Rating and original 1998 finishes. Featuring a private pool, RV parking, and access to the top-rated Parkridge Elementary, the property offers significant forced appreciation potential. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-equity project in a no-HOA neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21425 N 107TH Drive Subject | $485,000* List Price | 5 | 3 | 2,397 | $194 | - |
A 10816 W QUAIL Avenue Sold | $510,000 | 4 | 2 | 2,000 | $255 | 0.2 mi |
B 10753 W ADAM Avenue Pending | $585,000 List Price | 5 | 3 | 2,397 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is nearly 30 years old and retains most of its original interior finishes, including dated white cabinetry, laminate countertops, and 90s-style built-in niches. While the home features some functional improvements like newer windows and AC, the roof is original and the interior requires significant cosmetic rehabilitation, specifically regarding the stained carpeting and dated wall treatments. It fits the 'fair' criteria as a maintained but outdated home needing modernization.
The backyard is a true retreat featuring a pool with an outside shower, built-in BBQ, fountain, and an extended covered patio, complemented by rare RV parking and an RV gate.
Located in a well-maintained neighborhood with no HOA, offering homeowners significant monthly savings and the freedom to use their property without restrictive covenants.
This five-bedroom home includes a convenient downstairs bedroom and full bath, a three-car garage with built-in cabinets, and recent upgrades like newer windows and AC.
While the AC is newer, the roof is original to the 1998 construction and is approaching the end of its typical lifespan, likely requiring replacement soon.
The property is priced under market because it requires significant cosmetic modernization and updates to meet current contemporary standards.
Great FIVE bedroom home with 16' tile everywhere but bedrooms! One full bedroom and bath downstairs, plus den/media center, dining room, and large family room with built in entertainment wall off of kitchen. Other 4 bedrooms upstairs. Backyard paradise! Pool with outside shower and built-in BBQ, fountain, custom brick trim, extended covered patio, RV gate AND RV parking. Large master bedroom with additional exit to private balcony. Newer AC but original roof. Three car garage has built in cabinets. Gas/elec. home. This great home is in a quiet, well maintained neighborhood with NO HOA. Owner can put your own updated flare to make this home your own. Tile Floors just refinished. Also newer windows! Needs updating bring your contractor or skills:-) Awesome location! Priced under market!
No exterior & parking available.
Grades PK-8 • 1.2 mi
Grades 7-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 2.0 | 94% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,397 | 1,876 | 89% |
| Lot Size | 6,856 | 8,815 | 22% |
| Price | $485.0K | $270.0K | 92% |
| Price per sq ft | $202 | $157 | 78% |
| Built year | 1998 | 1978 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 122 | 2467 | 1% |
Feb 11, 2026
$485,000
Initial Listing